Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.022%

Price spread now: Paragon against BloFin−0.109%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on BloFin Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.109%, 7d avg −0.056%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Paragon is 0.053% cheaper against BloFin than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.056%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COHR-USDT	324.47	−0.0008	get 0.0008% / 8h	4h 08m	$46K	$113K	20x
Short	Paragon para:COHR	324.12	0.0046	get 0.0006% / 1h	8m 09s	$478K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee ParagonbpOrdersPrice spread, now −0.109%Rate

Funding earned: $11.4
Price spread: −0.109% → −0.056%: −$5.3
Slippage, 4 orders: −$54.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$70.73
Costs to cover: 0.768%
Break-even: 50.4 days

Slippage from BloFin: live order book, 20 min ago; Paragon: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 20 min ago	2.31 bp	12.9 bp −$13	22.9 bp −$229	doesn't fit	doesn't fit
Sell Paragon live order book, 17 min ago	17.44 bp	22.4 bp −$22	doesn't fit	doesn't fit	doesn't fit

COHR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COHRUSDTM	−0.0357%	8h	323.80	−0.206%	$359K	$332K	20x	as long as short
BloFin COHR-USDTlong	−0.0008%	8h	324.47	long leg	$46K	$113K	20x
Aster COHRUSDT	0.0000%	8h	324.29	−0.055%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.33	−0.043%	$36K	$187K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.42	−0.015%	$7.4M	$9.1M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.27	−0.062%	$1.2M	$337K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.40	−0.022%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.45	−0.006%	$620K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.37	−0.031%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	324.45	−0.006%	$2K	$174K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDT	0.0000%	8h	324.49	+0.006%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	324.03	−0.136%	$5K	$41K	10x	as long as short
QFEX COHR-USD	+0.0040%	1h	324.29	−0.055%	$1.2M	$3.2M	10x	as long as short
Paragon para:COHRshort	+0.0046%	1h	324.12	−0.109%	$478K	$163K	10x
Aevo COHR-PERP	+0.0104%	1h	324.34	−0.039%	—	—	10x	as long as short